Reporting and Analyzing Energy & Metal News from Around the Globe

Main menu

Tag: Quantitative easing plan

January 31, 2013

The FOMC concluded its first meeting this year and as the market had anticipated, the Fed left its policy unchanged: the Fed will continue purchasing mortgage-backed securities at a pace of $40 billion per month, and long term securities at…

September 15, 2012

The recent announcement of the FOMC to buy mortgage backed securities at a rate of $40 billion per month is something that many bullion traders had anticipated and has already started to pull up the price of gold. Will this…

August 29, 2012

There are renewed speculations around the future steps of the Fed and whether there will be an announcement of another quantitative easing plan in the near future. Last week’s publication of the minutes of the FOMC meeting revealed that the…

August 23, 2012

The Fed Published the minutes of the recent FOMC meeting, which was held at the end of July. The minutes revealed that the Fed might be closer, than many (including me) had anticipated, to issuing another quantitative easing plan in…

July 11, 2012

It seems that Barrick Gold Corporation (NYSE: ABX) just can’t catch a break. The company lost in a couple of trails in South America; one trail referred to the company’s attempt to block Goldcorp Inc.’s 2010 from purchasing a majority…

June 17, 2012

In the upcoming FOMC meeting to be held between June 19 and 20 many bullion traders will pay close attention to the FOMC statement and Bernanke’s press conference. If there will be so much a whiff of another stimulus plan…

June 8, 2012

Despite the exceptions of many for a more “pro-stimulus” testimony by the Chairman of Fed especially after the recent disappointing U.S non-farm payroll report came out on Friday, there weren’t any hints for QE3; Bernanke dropped a wet blanket on…

March 26, 2012

Bernanke gave a speech today titled: “Recent Developments in the Labor Market”; he referred to the current situation in the labor market and stated “despite the recent improvement, the job market remains far from normal”; this speech rekindled the speculation…

March 13, 2012

As expected there weren’t any major headlines coming out of the recent FOMC meeting, which was the second Federal Open Market Committee meeting for 2012. The Fed stated it sees signs of recovery in the U.S. economy in recent month…

November 3, 2011

Following a two day meeting of the Federal Open Market Committee, it was decided to keep the monetary policy in the same direction with no earth-shattering changes. But Bernanke in the press conference kept the door open of an additional…